November marks Financial Literacy Month across Canada. After a difficult year for many Canadians, more and more people are facing financial hardship. Financial Literacy Month aims to help Canadians learn how to better manage their finances in challenging times. “Financial literacy gives Canadians the confidence to make smart financial decisions, and if this year has […]
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10 Budgeting Tips for Post-Secondary Students
With much of the country now vaccinated against COVID-19, students will soon be heading back to in-classroom learning. For post-secondary students, many will be living away from home as well, some for the first time ever. With tuition costs rising and many students having faced unemployment for the past year due to the pandemic, the […]
Do-it-Yourself Debt Reduction Strategies
The majority of Canadians will find themselves in debt at some point in their lives. While this may seem normal, it’s important to try and keep that debt to a minimum and not let it spiral out of control. Having a plan to pay down your debt is the best way to ensure your debt […]
How Much Mortgage Can I Afford in Canada?
Many Canadians dream of owning their own home but might think it’s out of reach for them. However, the reality is that many people can afford a mortgage, and oftentimes, a mortgage payment may even be lower than a rent payment. Once you’ve saved your down payment, you should start investigating how much mortgage you […]
5 Best Budgeting Tools You Should Start Using Today
Managing your personal finances is an issue that plagues just about everyone. Regardless of how much money you are making right now, you can always improve your financial situation by finding ways to save. You can make saving and tracking your expenses simple by using good budgeting tools that will help you along the way. Here are […]
How Much Money Should I Save for Emergencies?
If the last year has taught us anything, it’s that emergency funds are critical. Not only should we be prepared for unexpected expenses such as malfunctioning appliances, car repairs and medical conditions, but we also need to be prepared for possible job losses. Even those who are self-employed should prepare themselves for falling market conditions […]
What is a Bad Credit Score and Why is it Important?
Do you know what your credit score means? That number can have a bigger impact on your life than you might think. If you’re considering applying for a credit card, buying a car or taking out a mortgage, you might find yourself wondering exactly what is a bad credit score? Let’s take a look at those numbers and […]
How to Get Out of Debt With No Money
Most people want to pay off their debt, but it can become difficult when your paycheck barely covers the bills that you have. If you’re constantly feeling like you’re putting money towards debt that doesn’t seem to be reducing, or if you simply don’t have enough money to put towards existing debt, you need to […]
Money Management Tips for Young Adults
Graduating from college or university, landing that first job and renting an apartment is an exciting chapter in any young adult’s life. Finally standing on your own two feet is a rite of passage, however in today’s economy, the cost of that rite of passage is increasing drastically. Millennials and Generation Z are finding themselves […]
How To Have Summer Fun Without Blowing Your Budget
Summertime can become very expensive for young families who need to keep kids busy and entertained. A trip to the amusement park for a family of four can easily cost hundreds of dollars for just a one-day outing – something that’s just not feasible for many Canadians’ budgets. Luckily, there are still lots of ways to […]
